The term Ex-Works (EXW) figures on top of the list of Incoterms® that is published by the International Chamber of Commerce (ICC).One can also see it in several shipping documents and trading contracts. What are Incoterms®? What does the term Ex-Works mean? When the term Ex-Works...
How does a third-party logistics provider tell the customer what services it will provide? All the services offered by a 3PL provider will be carefully documented and explained in contracts, agreements and service level agreements (SLAs). These documents will detail the scope, duration, cost and...
In some cases, smart packaging could mean a lower, and therefore more cost-effective, freight class. Such changes may even be more appropriate/protective for your cargo, thus saving you from potential damages, and in turn, costs. Here are seven helpful questions to ask when considering cargo...
Port backlogs will ease, and product will flow. This does not mean the volume flowing through our ports will decrease, but that the normal, seasonal lull that occurs in late winter/early spring will be used to ease current backlogs and release months of inventory currently on the water. Note...
“The ICTF will process domestic and international intermodal containers, as well as eliminate highway drayage and reduce congestion,” says Cernak. “The ICTF will help improve throughput by getting freight in and out of the port more easily.” ...